The Senate reauthorized the Energy Efficient Commercial Buildings Deduction through 2020. This keeps this important deduction available for commercial property owners through 2020, and allows them to claim it for 2018 and 2019 as well.

The Senate passed a 7-year reauthorization of the Terrorism Risk Insurance Program (TRIP, or TRIA) as part of H.R. 1865, a year-end federal spending bill. The program was set to expire at the end of 2020, and is now reauthorized through 2027.

NAR jointly filed a neutral amicus brief with the Mortgage Bankers Association (MBA) and the National Association of Homebuilders (NAHB) in the Supreme Court case examining the structure of the Consumer Financial Protection Bureau (CFPB).

NAR sent a letter of support to the House Financial Services Committee (HFSC) Chairs for a group of bills, to be marked by the committee, impacting federal policy in credit policy and student loan debt.

The U.S. Court of Appeals for the District of Columbia Circuit recently heard oral arguments in the case brought by a dozen attorneys general (AGs) challenging the Department of Labor (DOL) association health plan (AHP) rule issued in 2018.

The House of Representatives passed H.R. 4634, the “Terrorism Risk Insurance Program Reauthorization Act of 2019,” by a vote of 385-22.This bipartisan bill would reauthorize the Terrorism Risk Insurance Program (TRIP) for seven years.